ONEO ETF — SPDR® Russell 1000 Momentum Focus ETF

SPDR® Russell 1000 Momentum Focus ETF (ONEO)

ONEO is a low-cost ETF. its distribution rate is 1.22%, its trailing-12-month yield is 1.20%, its expense ratio is 0.20%. Dividend Vision Distribution Safety Score™ is 82/100 (Safe). Total return is 216.5% over the past 10.8 years, 126.6 points behind SPY at 343.1%.

At the current 1.22% distribution rate, a $10,000 investment would generate approximately $122 per year, or about $30.50 per quarter if the next payment matches the last regular one.

This ETF tracks a Russell 1000 index designed to capture large-cap U.S. equities combining value, quality, and low volatility characteristics with an emphasis on momentum factors. The fund distributes quarterly with a modest current distribution rate, and carries a low expense ratio of 0.20%. It appeals to equity investors seeking exposure to large-cap momentum strategies with a modest income component.

ONEO performance versus SPY

Price and return data through 2026-09-18.

Total return is 216.5% over the past 10.8 years, 126.6 points behind SPY at 343.1%. Over the past year its total return — price change plus distributions reinvested — is 18.2%. Its deepest 1-year drawdown was 7.4%.

ONEO key facts

Distribution Safety Score™

82 · Safe

Safety-Adjusted Yield

1.00%

Issuer

State Street

Asset type

ETF

Asset class

Equity

Inception date

12/01/2015

Expense ratio

0.20%

Distribution rate

1.22%

Distribution frequency

Quarterly

Trailing yield

1.20%

Last close

$151.03 (as of 2026-09-18)

NAV

$150.82

Premium / discount

0.14% premium

AUM

$30,163,076

Average volume

200.0

Last dividend

$0.462

Last ex-dividend date

06/22/2026 (as of 2026-06-22)

Last payment date

06/24/2026 (as of 2026-06-24)

Beta

0.92

P/E ratio

17.9575

How Dividend Vision calculates yield and returns

Distribution rate (1.22%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (1.20%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: State Street; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ONEO risks and drawbacks

ONEO's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.4%.

Who may consider ONEO — and who may not

ONEO may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (ONEO pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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